Valley Partnership’s FMB experts look at tenant demand and decision making in the spec market.

For the first time in many years, there’s a boom of speculative office space under construction in the Phoenix market. Nearly 70% of the 2.1 million square feet under construction is spec space for office and industrial tenants. This month’s Friday Morning Breakfast will examine what tenants in the retail, commercial and industrial markets are looking for in selecting space. They will also look at the development side to understand what influences the developers when considering market demand, location and design of these buildings. Is technology and/or proximity to residential still playing a role? This expert panel will share their insights on what areas are hot for speculative development and what drives their decision to push the “go” button.